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Sep 28, 2012
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cut the deficit and raise the tax rates on upper incomes of successful businesses, guess what it has not worked so far. if it was going to work, it would have already worked. so is this really obama's version of economic patriotism? let's talk. here's jimmy william and cnbc contributor of the american enterprise institute. what is so bloody patriotic about tax hikes, spending increases, regulatory increases and a lousy, worst economy since 1947? >> i'm worried what we will see in 2013 if the president wins is an economic patriot act. and part of it will be dramatically higher taxes on wealthier americans, entrepreneurs. anyone who thinks the end of the obama tax hikes are going to be raising it back to the clinton levels are crazy. you are going to see surtaxes, surtaxes on corporations. there's no way the obama spending numbers work without dramatically higher taxes far above what we saw in the clinton years. >> one of these things has my goat. obama talks about cutting tuition, you can't cut tuition if you expand student loans, is inflated tuition costs across the country and creat
cut the deficit and raise the tax rates on upper incomes of successful businesses, guess what it has not worked so far. if it was going to work, it would have already worked. so is this really obama's version of economic patriotism? let's talk. here's jimmy william and cnbc contributor of the american enterprise institute. what is so bloody patriotic about tax hikes, spending increases, regulatory increases and a lousy, worst economy since 1947? >> i'm worried what we will see in 2013 if...
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Sep 27, 2012
09/12
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today the government unveiling a new budget proposal to try to bring down the nation's crippling deficit. in it a proposed $51 billion spending cut next year, including an average 12% cut in government ministerial spending, a freeze in public pay for the third consecutive year, and a new 20% tax on lottery winnings. now, it does give something to the people. protection for pensions. well, bob pisani just happened to get back from spain, and he sent out his always interesting morning notebook. bob, i loved this one in particular because you basically said that what we keep quoting as a jobless rate in spain may be bunk, that people are simply working under the table? >> yeah, i'll give you an example. 25% unemployment is what they're talking about. but i had a landlord in barcelona. rented an apartment for one week. they asked for the payment in cash. they didn't want a check, didn't want anything else. my point is the bars lonens don't necessarily believe that. i wasn't in madrid, but in barcelona they're gripped by their own kind of secession of the fever. they're thinking of reseeding
today the government unveiling a new budget proposal to try to bring down the nation's crippling deficit. in it a proposed $51 billion spending cut next year, including an average 12% cut in government ministerial spending, a freeze in public pay for the third consecutive year, and a new 20% tax on lottery winnings. now, it does give something to the people. protection for pensions. well, bob pisani just happened to get back from spain, and he sent out his always interesting morning notebook....
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Oct 1, 2012
10/12
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and we need to cut -- close the deficit by a trillion. we got a trillion dollar deficit and it raises like -- i think it's less. maybe 40 billion. >> are you correct, it's not sufficient. >> and he's not talking about anything else. you can keep your entitlement, keep this -- he's not talking about doing specific things with entitlements. >> you're right to this extent. he's not talking specifics on entitlements. >> it's mostly we'll tax rich people so that -- or people that make over 250 and you'll basically get to keep everything including the phones. >> joe, i thought you either wanted to talk about the last minute kick that a billy -- >> i didn't see that. oh, the redskins. >> or my terrific story on debates in the "new york times" this morning. >> it was between piece. it was a very good piece. >> i did see that. >> thank you. let me recap. >> you didn't even mention the bengals beat the redskins. >> i was going to if you brought it up. and congratses on the reds, too. they have tied the nationals for best record in baseball. so we'v
and we need to cut -- close the deficit by a trillion. we got a trillion dollar deficit and it raises like -- i think it's less. maybe 40 billion. >> are you correct, it's not sufficient. >> and he's not talking about anything else. you can keep your entitlement, keep this -- he's not talking about doing specific things with entitlements. >> you're right to this extent. he's not talking specifics on entitlements. >> it's mostly we'll tax rich people so that -- or people...
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Sep 28, 2012
09/12
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all those same polls that show president obama leading and claims to correct the bias, turning romney deficits into commanding romney leads. the idea behind is it simple. all polls base the outcome on what pollsters believe the electorate will look like, how many democrats versus how many republicans they think will actually turn out. getting that partisan makeup wrong can tilt the predictions. the people that don't believe the polls say this time, pollsters think the 2012 electorate will look a lot like 2008 and this they say is wrong. notice i said this time. back in 2004, democrats complained that the polls which showed george w. bush leading were overestimating the number of republicans who would vote. they were wrong. the polls were right. in 2000, al gore said don't believe the polls, polls showed him losing narrowly. polls were right. in fact, it's hard to find an example of the polls on average getting it wrong unless you go back to 1948, when they predicted thomas dewey defeated president harry truman. cnn political contributor ari fleischer joins us. he's an occasionally unpaid commu
all those same polls that show president obama leading and claims to correct the bias, turning romney deficits into commanding romney leads. the idea behind is it simple. all polls base the outcome on what pollsters believe the electorate will look like, how many democrats versus how many republicans they think will actually turn out. getting that partisan makeup wrong can tilt the predictions. the people that don't believe the polls say this time, pollsters think the 2012 electorate will look...
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Sep 26, 2012
09/12
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who's better equipped to deal with the deficit and debt. the more they play to the religious right on social issues, the more they risk alienating these centrist voters. >> did you disagree? >> absolutely. the latest polls show that people trust obama more now with the economy. this economy issue solely is a losing issue for romney as the economy improves, but also it fails to reck thiz people care about other things other than just the economy. >> pastor jeffers, if i may, i was making the distinction about not just the economy, but deficit and debt. so, i appreciate your desire to have your nominee really focus on playing to the base in the religious right. that is your prerogative, but you can't rewrite polls to say that's a winning strategy when it comes to reaching out. >> what i'm saying to you is that i think the hunt for these elusive independent or undecided voters out there is going to be a losing strategy. it was in 2008 for john mccain. i think it will be this time. i'm not saying he has to make these social issues the heart of
who's better equipped to deal with the deficit and debt. the more they play to the religious right on social issues, the more they risk alienating these centrist voters. >> did you disagree? >> absolutely. the latest polls show that people trust obama more now with the economy. this economy issue solely is a losing issue for romney as the economy improves, but also it fails to reck thiz people care about other things other than just the economy. >> pastor jeffers, if i may, i...
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the last time anyone came back from a four-point deficit was in 1999 and that was on home soil. and that was a stunning final day then. but for the europeans to come over to the american soil and to achieve this victory, it's truly historic. it was not expected at all. the americans looked like they were going to be racing favorites and certainties on the final day. all they needed from a possible 12 points was 4 1/2. they only managed 3 1/2. so it was left to the europeans to lead from the front, leading by example with an incredible spirit and an incredible belief. and they won the first five matches. and the united states could not respond. tiger woods had a very poor week here and, indeed, the whole american team were left dumb struck on the final day after combining so well on the first two days and displaying wonderful team spirit. but it did not fire at all on the last day. >> i didn't know golfers could get that excited. talk about amazing. let's talk about rory mcilroy, he won a big match, but he almost missed his tee time, which is, of course, kind of embarrassing. >>
the last time anyone came back from a four-point deficit was in 1999 and that was on home soil. and that was a stunning final day then. but for the europeans to come over to the american soil and to achieve this victory, it's truly historic. it was not expected at all. the americans looked like they were going to be racing favorites and certainties on the final day. all they needed from a possible 12 points was 4 1/2. they only managed 3 1/2. so it was left to the europeans to lead from the...
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Sep 30, 2012
09/12
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>> we're going to do it by responsibly dealing with these deficits while leaving money to invest and those things we need to grow -- education, research and development, clean energy technology. >> those aren't sort of specific proposals. what i'm asking you is -- >> let's talk about -- >> they haven't passed. >> 100,000 new math and science teachers. we need that to move forward as a country. >> that's a total, though, right? >> educating -- training two million new workers in our community colleges in conjunction with business to fill jobs that are open right now. boosting american manufacturing by ending the tax break that sends jobs overseas and giving tax incentives to companies that start manufacturing businesses here. these are specific tangible proposals and, candy, i believe that they will pass because i believe the american people are supportive of that. >> but they haven't passed. >> it will be rendered on november 6 wrth. >> no, they haven't. >> for two years jobs -- >> some of the specific proposals haven't, but, candy, think about the logical extension of what you're sa
>> we're going to do it by responsibly dealing with these deficits while leaving money to invest and those things we need to grow -- education, research and development, clean energy technology. >> those aren't sort of specific proposals. what i'm asking you is -- >> let's talk about -- >> they haven't passed. >> 100,000 new math and science teachers. we need that to move forward as a country. >> that's a total, though, right? >> educating -- training...
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Sep 25, 2012
09/12
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so that added to the national deficit. and one other thing that we should talk about in terms of the national deficit, part of it is that we're not bringing in as much revenue as we should be bringing in to pay for all the things, the services and programs that the american people continue to desire. there's no question under this president that we've seen, you know, the most significant budget cuts also in the history of country. discretionary spending is at its lowest in 60 years. taxes are also at their lowest. but the one thing that the democrats have not done, we haven't walked away from the table. we haven't pointed fingers and said it's their fault. we're all in this together. it's time republicans roll up their sleeves and come to the table so we can fix this problem and solve our many other great challenges before the end of the year and the american people can get back to work. that's what they desire us to do. >> i think both of these presidential candidates are gearing up for their one presidential debate in oc
so that added to the national deficit. and one other thing that we should talk about in terms of the national deficit, part of it is that we're not bringing in as much revenue as we should be bringing in to pay for all the things, the services and programs that the american people continue to desire. there's no question under this president that we've seen, you know, the most significant budget cuts also in the history of country. discretionary spending is at its lowest in 60 years. taxes are...
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. >> $1.3 trillion deficit you definitely need something to bring that deficit down. bring the national debt down at some point down the road. once there is a balanced budget. who knows when that would be. most people assume nothing is going to happen as far as the fiscal cliff is concerned between now and november 6. but afterwards in that lame duck session between november 6 and december 31, something will happen. are you among those who will agree -- agree that the fiscal cliff will be avoided? >> yes. i think it will be avoided. i mean, you know, depends on the election. you know. if governor romney wins it is likely -- would kick the can into next year. leave everything the same for a few months. let -- the new president come into office and get it together. probably in the spring. president obama wins the election, then right after the election, lame duck, the clock will start ticking and he will be under a lot of pressure to do something. let me say one other thing. you know, i think the most likely scenario is that we are actually going to have to go into next
. >> $1.3 trillion deficit you definitely need something to bring that deficit down. bring the national debt down at some point down the road. once there is a balanced budget. who knows when that would be. most people assume nothing is going to happen as far as the fiscal cliff is concerned between now and november 6. but afterwards in that lame duck session between november 6 and december 31, something will happen. are you among those who will agree -- agree that the fiscal cliff will be...
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Sep 26, 2012
09/12
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and you talk about the deficit? the paul ryan budget that mr. romney says is a marvelous budget won't achieve balance until 30 years from now? romney-ryan aren't even fiscally responsible in their plans. all they want to do is to go back to the bush policies. >> let me interrupt. >> the debt just went up astro nommicly under this president. he's moving in the wrong direction. >> thank you both, ted strickland, ken blackwell, appreciate the discussion. thank you. >>> the world is focusing on iran's nuclear program, thanks in part to israel's attention to the issue. but what about israel's nukes? we investigate next. one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. and the c
and you talk about the deficit? the paul ryan budget that mr. romney says is a marvelous budget won't achieve balance until 30 years from now? romney-ryan aren't even fiscally responsible in their plans. all they want to do is to go back to the bush policies. >> let me interrupt. >> the debt just went up astro nommicly under this president. he's moving in the wrong direction. >> thank you both, ted strickland, ken blackwell, appreciate the discussion. thank you. >>>...
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, but those kids you're talking about they're graduating with a big overhang of, you know, debt and deficits as well to pay off down the road. >> and unemployment levels are at historic highs among youth today. >> the problem romney has is he says if i'm elected president i will do the following things. the problem is when he was governor he actually raised the debt to the highest level per capita at any place in america. he increased tuition. and he increased taxes. those aren't the things he's saying on the campaign trail. that's just what he did as governor. >> so here's the thing i would say to you, governor. if governor romney's track record is relevant, then president obama's track record is relevant. and under president obama the debt has gone to $16 trillion -- he has racked up under his presidency more debt in a single term than every president combined before him. >> that was true with reagan, carter, nixon. >> you have to sit and deal with that track record. >> one other issue we haven't talked about yet, one of these 15-minute segments is going to be about health care. what is th
, but those kids you're talking about they're graduating with a big overhang of, you know, debt and deficits as well to pay off down the road. >> and unemployment levels are at historic highs among youth today. >> the problem romney has is he says if i'm elected president i will do the following things. the problem is when he was governor he actually raised the debt to the highest level per capita at any place in america. he increased tuition. and he increased taxes. those aren't...
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Sep 28, 2012
09/12
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the romney campaign is firing back as in, hey, a humongous deficit is not patriotic. >> this is a land where economic freedom has allowed people to pursue their dreams and in doing so and achieving success, they lift us as a nation, they give us jobs, i will not apologize for success here and i will never apologize for america abroad. >> how's that for economic patriotism, whatever that is? so the talk back question for you this morning, is there such a thing as economic patriotism, facebook.com/carolcnn, your responses later this hour. >>> when we think of bounties in football now we think of the new orleans saints. saints' head coach, sean payton is on the golf course instead of the football field this season after the nfl suspended him for his role in bountygate. a former assistant of another team says his players were offered cash for big hits on opponents. these weren't nfl players. they were 10 year-olds. here's casey wian. >> reporter: the 2011 red cobra's pop warner football team went undefeated in the regular season. >> this was a team that knew it was on the verge of greatnes
the romney campaign is firing back as in, hey, a humongous deficit is not patriotic. >> this is a land where economic freedom has allowed people to pursue their dreams and in doing so and achieving success, they lift us as a nation, they give us jobs, i will not apologize for success here and i will never apologize for america abroad. >> how's that for economic patriotism, whatever that is? so the talk back question for you this morning, is there such a thing as economic patriotism,...
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or if i can figure out if it adds up and not add up to the federal deficit. i think president obama needs to make his points very clear and concise and not try to give us too many soundbytes. first of all, he should say my policies helped to end the greatest economic disaster since the great depression. then, number two, he should stress that we've created more than five million jobs. those job numbers have been revived, of course. the president needs to be clear that his policies and the policies that he has proposed to congress that congress will not deal with because they're more focused on theron re-election and not focused on getting the american people back to work. he said his policies will continue to bring about jobs. it will fasten economic growth in this country, and that he has a plan to deal with the federal deficit as well. i think the president can say that. >> as long as we don't have a wardrobe malfunction, we're good. >> we'll keep it rated g. anna, what are some of the pit falls that romney has to avoid here, because, you know, both candida
or if i can figure out if it adds up and not add up to the federal deficit. i think president obama needs to make his points very clear and concise and not try to give us too many soundbytes. first of all, he should say my policies helped to end the greatest economic disaster since the great depression. then, number two, he should stress that we've created more than five million jobs. those job numbers have been revived, of course. the president needs to be clear that his policies and the...
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. >> i think the leadership question tonight, if it's -- on domestic policy, is going to be the deficit issue, the fiscal management of the country, and in talking to romney advisers, that's sort of the key thing they are going to point out in terms of leadership, talk about commander in chief at the next debate. but this debate is about fiscal management and who is going to be better for me in the next four years. >> very quickly, david. >> first 45 minutes of this, the most important 45 minutes of the campaign, all about the economy. i've known jim lehrer for a long time. he won't be constricted by the -- he could well go into libya and what's been happening in the second part of the debate. >> not just the first 45 minutes are important, after the debate, our job, the fact checking, reality checking, wolf, a little bit on that. >> we certainly do, anderson. a very impressive reality check team to determine if the candidates are telling us the truth tonight. john berman is one of the team's leaders, joining us now. john, you have been fact checking candidates' recent claims on the cam
. >> i think the leadership question tonight, if it's -- on domestic policy, is going to be the deficit issue, the fiscal management of the country, and in talking to romney advisers, that's sort of the key thing they are going to point out in terms of leadership, talk about commander in chief at the next debate. but this debate is about fiscal management and who is going to be better for me in the next four years. >> very quickly, david. >> first 45 minutes of this, the most...
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there have been so many economic failure failures, the failure to create jobs or bring down the deficit. >> kevin, i want to get to some smalls we have on latino likely voters, but i want to quickly ask you, why did governor romney wait to this point to bring this forward on immigration policy? >> well, kate, we've had a lot of discussions on this issue. i think this was an opportunity where a question was asked, specifically on that question, and the governor answered it. he did talk in expansive terms about immigration, what he would do to modernize the immigration system, how it's an important part of our economy. during his recent interview that he had with univision. and i think it will continue to be a part of this debate. >> kevin, i want to show you, we put up on our screen for our viewers some new polling we have out today, showing that president obama really has an overwhelming lead among likely latino voters. 70 to 26 for governor romney. are now aggressively courting the latino vote, are you expecting to get anywhere near or beyond what senator mccain got back in 2008, which
there have been so many economic failure failures, the failure to create jobs or bring down the deficit. >> kevin, i want to get to some smalls we have on latino likely voters, but i want to quickly ask you, why did governor romney wait to this point to bring this forward on immigration policy? >> well, kate, we've had a lot of discussions on this issue. i think this was an opportunity where a question was asked, specifically on that question, and the governor answered it. he did...
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Oct 3, 2012
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keep printing money and expecting the world to take it or buy treasury notes to fund trillion dollar deficits forever. the economy is slow and going into another dip. i actually think the next president will have a moment between november 7, and i do not know, this summer or fall of 2013 to do a lot. i would bet there is a huge legislative agenda in 2013. i did not really by the gridlock argument. if obama gets reelected, evil have a mandate basically -- he will have a mandate basically the lesser version of bowel- simpson. if romney wins, he will have a mandate for some version of the right and budget, probably tempered a little bit to get democratic votes. if he becomes president, he what the mandate for something close to that. either way, we will probably get a pretty big deal. i think 2013 becomes a big entitlement reform, tax reform, budget reform moment. there will be an amazing pivot on november 7. suddenly the campaign will be over. guess what, we are going to have entitlement reform. all of the things is that about mitt romney will destroy america, suddenly we will do something that
keep printing money and expecting the world to take it or buy treasury notes to fund trillion dollar deficits forever. the economy is slow and going into another dip. i actually think the next president will have a moment between november 7, and i do not know, this summer or fall of 2013 to do a lot. i would bet there is a huge legislative agenda in 2013. i did not really by the gridlock argument. if obama gets reelected, evil have a mandate basically -- he will have a mandate basically the...
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Sep 30, 2012
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the fed is actually reducing the deficit and making huge profits returning record amounts of money to the treasury as a result of previous quantitative easing, so it's the opposite of spending your tax dollars. the fed a legally independent and ran by a guy originally appointed by george w. bush. this is just so completely over the top that we decided to do a piece on that particular email. pretty much, these messages to true believers have to exceed what we have already the bonds before we pay attention to them. we are out of time. thank you all for your attention. thank you for your questions. [applause] [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> monday, a citizen's guide to the 2012 presidential debate from the national communications association panel looking at the hours of the debates coming up next month. live coverage begins at 1:00 p.m. eastern on c-span. >> you established a third party. you ran twice. you established -- what was the name of it? united we stand? the reform party. do you feel that is nee
the fed is actually reducing the deficit and making huge profits returning record amounts of money to the treasury as a result of previous quantitative easing, so it's the opposite of spending your tax dollars. the fed a legally independent and ran by a guy originally appointed by george w. bush. this is just so completely over the top that we decided to do a piece on that particular email. pretty much, these messages to true believers have to exceed what we have already the bonds before we pay...
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Oct 2, 2012
10/12
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that increased our deficit by almost $1 trillion. maybe if we can negotiate more, maybe we can have more money left for infrastructure and schools and teacher pay and police officers. that is where we need it. it is not about regulation. i was looking how to make a profit. we overcome the obstacles we find. frome so far removed reality. i don't think you know what the small business is a less it is a hedge fund. this was a difficult thing for me. i was going to ask about the insuring the treasury bonds or why you carve out the spousal exemption for why you took $5 million from sheldon adelson. this is from my son. last year when you and the president went on a budget standoff that threaten to shut down the government, he voted to continue paying members of congress. you voted against a bill which would have been short the members of the armed services continue to get paid. how could you in good conscience vote to continue your own pay but vote to stop paying our servicemen and women that you voted to send into combat in afghanistan?
that increased our deficit by almost $1 trillion. maybe if we can negotiate more, maybe we can have more money left for infrastructure and schools and teacher pay and police officers. that is where we need it. it is not about regulation. i was looking how to make a profit. we overcome the obstacles we find. frome so far removed reality. i don't think you know what the small business is a less it is a hedge fund. this was a difficult thing for me. i was going to ask about the insuring the...
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Oct 2, 2012
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[laughter] on the deficit it was that the deficits do not matter. biology boggles some of them, that guy in missouri, too, for that matter. what happens the morning after the election from a loses? i wonder about the morning after the morning after though. we have gone way too far to the right and we need a different republican party. we need a center-right republican party which i think the country really needs. it needs to be a check on the rate -- the left and center left and that is the only way we will get a check on these issues. >> history suggests the second term of clinton and reagan were the productive terms where they had big achievements. it's hard to know whether the republican party, where they will portion the blame if that happens. the question is how they decide to spend the next four years. i think it's very hard to tell, but there is some hope in looking back at both clinton and reagan. >> reagan was also considered a far right and it took running a far right republican party at the time by whoever the thomas friedman equivalent w
[laughter] on the deficit it was that the deficits do not matter. biology boggles some of them, that guy in missouri, too, for that matter. what happens the morning after the election from a loses? i wonder about the morning after the morning after though. we have gone way too far to the right and we need a different republican party. we need a center-right republican party which i think the country really needs. it needs to be a check on the rate -- the left and center left and that is the...
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Oct 2, 2012
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the obama budget has been scored by the cbo and has a 2.4% deficit-reduction in the next 10 years. you can argue over what you think that is enough in not to stabilize the debt to gdp ratio but conversely, i'm not actually sure i would want to see ronnie detail all of the tax expenditure changes he says he will come up with. the problem, of course, is betting campaign, if people -- is tt in campaigns, if people start putting out more detailed proposals, demobilize the opposition. this is kind of like the 1993 securities commission. the two parties can hold hands and they do not start out being a brahney proposal or an obama proposal or a republican proposal or a democrat proposal. i am interested in what is in the debates in the next four weeks -- i am less interested in what is in the debates in the next four weeks and then what the vendor does in the weeks after the election. >> why would you like to hear -- what would you like to hear obama say in the weeks after the election? >> we are not going to have a deal that does not have revenues and spending. the biggest obstacle is on
the obama budget has been scored by the cbo and has a 2.4% deficit-reduction in the next 10 years. you can argue over what you think that is enough in not to stabilize the debt to gdp ratio but conversely, i'm not actually sure i would want to see ronnie detail all of the tax expenditure changes he says he will come up with. the problem, of course, is betting campaign, if people -- is tt in campaigns, if people start putting out more detailed proposals, demobilize the opposition. this is kind...
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Sep 29, 2012
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why is romney talking about deficits, given that we have unemployment crisis? they looked at states that they thought of as a target, new hampshire. this is an issue that resonates with swing voters. i think that is one thing to keep in mind. you have these strands that cannot always cohere in a way that works for you if you are candid. that is one thing to keep in mind. it is interesting to think about -- and again when you have the stagnation for much of the country including a lot of these folks, you have household income growth for people at the high end. what does that mean? one thing it means is that if you look at snap enrollment, people talk about how increase in three years. it increased since 2000. medicaid. when bill clinton gave his talk at the democratic national convention he was incredibly shrewd because he did not talk about medicare. why did he not talk about medicare? medicare is not the real difference in terms of numbers between these two campaigns. it really is medicaid. when you look at medicaid and who benefits from medicaid, it is a lot
why is romney talking about deficits, given that we have unemployment crisis? they looked at states that they thought of as a target, new hampshire. this is an issue that resonates with swing voters. i think that is one thing to keep in mind. you have these strands that cannot always cohere in a way that works for you if you are candid. that is one thing to keep in mind. it is interesting to think about -- and again when you have the stagnation for much of the country including a lot of these...
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Sep 25, 2012
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higher deficits can do more damage. you know, the fact is, right now, i would recommend president obama use it in the debate. it is one of the reasons why we have the deficits. that is what they are doing. and so there is not corporate revenue being taxable revenue. the president's plan has been a little bit of moving pieces. they cut the rate to 28%. the president's position is that we should start from the position. we have the lowest corporate revenue to gdp that you could imagine with the highest rate. it is a five alarm fire at the way to address that is to increase taxes. >> i wanted to have a follow-up. i heard the interview last night, playing upper income and middle and come. -- income. they would not see their taxes changed overall. he talked about loopholes but did not go into specifics. help us understand what the dividing line is between middle income and upper income in his mind. >> i am not a psychic, it is not a conversation i have had. it is definitely where you draw the line between upper and middle in
higher deficits can do more damage. you know, the fact is, right now, i would recommend president obama use it in the debate. it is one of the reasons why we have the deficits. that is what they are doing. and so there is not corporate revenue being taxable revenue. the president's plan has been a little bit of moving pieces. they cut the rate to 28%. the president's position is that we should start from the position. we have the lowest corporate revenue to gdp that you could imagine with the...
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Oct 4, 2012
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in addition, we are very focused on the debt and the deficit. the spending of the government is out of control. it needs to be fixed. if we keep spending, it is not sustainable. it is not fair to other generations. >> how long have you been a republican? the republican party today has a lot of diversity within it in terms of opinions of a social and economic issues. which one is the most important you about being a republican? >> i would say i became a republican when senator obama was running for presidency. that is when i was interested in politics. i began setting it and realized i disagreed a lot with what he was saying. that is when i started paying attention to it. >> what you're are you in school right now? >> i'm currently a junior. -- what year are you in in school or not? >> i am currently a junior. >> what about after college? >> i am not entirely sure right now. >> where will you be watching? >> i will probably be with the rest of my fellow classmates. >> what will you be looking for? >> iowa looking to see how each candidate differs
in addition, we are very focused on the debt and the deficit. the spending of the government is out of control. it needs to be fixed. if we keep spending, it is not sustainable. it is not fair to other generations. >> how long have you been a republican? the republican party today has a lot of diversity within it in terms of opinions of a social and economic issues. which one is the most important you about being a republican? >> i would say i became a republican when senator obama...
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Sep 29, 2012
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let me talk about what i would cut in order to grapple with our deficit and our debt. i'd end the war, i've worked to end the war in afghanistan which costs us $ billion a week. i would get rid of the sweetheart deal tommy thompson negotiated as head of medicare that makes it illegal for drug companies to bargain with -- medicare to bargain with drug companies for better prices for seniors that one costs us $15 billion per year. welfarerid of corporate for big corporate farms and big oil. i'd also let the bush tax cuts for the top % expire. i also want to look at the record contrast. i already told you about the policies that tommy thompson supported that added over $3.5 trillion to the debt when president bush was in office. i opposed those irresponsible plans that added to our debt. so now in the future, tommy thompson supports a plan that adds trillions more in tax cuts for the very wealthy and raises taxes on the middle class. for's the wrong scription tackling our -- prescription for tackling our debt. >> our next question, from robert kennedy, directed first to r
let me talk about what i would cut in order to grapple with our deficit and our debt. i'd end the war, i've worked to end the war in afghanistan which costs us $ billion a week. i would get rid of the sweetheart deal tommy thompson negotiated as head of medicare that makes it illegal for drug companies to bargain with -- medicare to bargain with drug companies for better prices for seniors that one costs us $15 billion per year. welfarerid of corporate for big corporate farms and big oil. i'd...
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Sep 25, 2012
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the reason was if he made them a permit, you would bust the deficit. it is time to let those tax cuts expire for those making more than $500,000. if they go back to where they were, we were in belt largest expansion in the history of the united states. fix medicare. allow negotiations for prescription drugs. that will save $240 billion over 10 years, and finally, takeaway subsidies from the big oil companies. they are very profitable, but they do not need our help. what you end up with then is not a $1 trillion problem. you end up with a problem in the $200 billion range. raising the ceiling, a default for the nation. he spoke out against the fairfax chamber and other chambers, and now he is saying, "wait a minute. we cannot make cuts." when he is running as the guy who wants to make cuts. he has more sides then a rubik cube. >> what your so-called plan would do to jobs. i think you should be taking into account what the impact is on jobs, and our economy, which is a major, major concern. you talked about bob mcdonnell and eric cantor. what they did wa
the reason was if he made them a permit, you would bust the deficit. it is time to let those tax cuts expire for those making more than $500,000. if they go back to where they were, we were in belt largest expansion in the history of the united states. fix medicare. allow negotiations for prescription drugs. that will save $240 billion over 10 years, and finally, takeaway subsidies from the big oil companies. they are very profitable, but they do not need our help. what you end up with then is...
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Oct 2, 2012
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there is a lot of talk about deficit and long-term growth. the subject of long-term unemployment has virtually disappeared since obama decided to abandon the stimulus, and i do not think in my ideal media world -- the media would be more effective at moving issues like that back on the agenda. >> ok. pessimistic and all of the things that they have a hard time being. i thought we were famous for complaining all of the time. one or two notes before i get to the awful stuff. first of all, it is truly uplifting, i think everyone would agree, to see so many people turning out on an early saturday morning when you could be doing other things. there has to be a rerun of " housewives of orange county," or sipping cappuccinos, rather than talking about this. as someone who has knocked around in for a few years, it is truly cheery to me to see that passion out there and that you have voted with your feet in such numbers, so thank you all for making me feel good. as i look across the coverage of this campaign, there are a few things i think are worth p
there is a lot of talk about deficit and long-term growth. the subject of long-term unemployment has virtually disappeared since obama decided to abandon the stimulus, and i do not think in my ideal media world -- the media would be more effective at moving issues like that back on the agenda. >> ok. pessimistic and all of the things that they have a hard time being. i thought we were famous for complaining all of the time. one or two notes before i get to the awful stuff. first of all,...